yetty, Author at City Business News

September 23, 2020 No Responses

Market Capitalisation Sustains Growth By N67b

The Nigerian Stock Exchange (NSE) key market indicators on Wednesday sustained positive rally, appreciating by 0.50 per cent due to monetary policy rate cut to 11.5 per cent. Speficially, the market capitalisation rose by N67 billion to close at N13.474...

September 23, 2020 No Responses

NAHCO Introduces Disinfection Services For Airlines

The Nigerian Aviation Handling Company Plc (NAHCO), has introduced its disinfection service to all its client- airlines, in a bid to continually combat the dreaded COVID-19 pandemic and keep air travellers safe. In a statement issued on Wednesday by H...

September 23, 2020 No Responses

Zenith Bank Staff In Court, Explains Transfer Of N359m To Different Accounts

A compliance officer with Zenith Bank pic, Remigius Ugwu, on Wednesday, alleged N359 million was moved from Special Duties ministry account and transferred to different accounts. Ugwu made this known while giving his evidence-in-chief in the ongoing...

September 23, 2020 No Responses

Ondo: APC Alleges Gang Up

The All Progressives Congress (APC) in Ondo State, on Wednesday alleged plans by some political parties to employ crude means to destroy the image of the party ahead of the October 10 gubernatorial polls. The state Publicity Secretary of APC,...

September 23, 2020 No Responses

Local Content: NNPC Seeks Capacity Upgrade for Indigenous Operators

In order to achieve the target of reducing the cost of oil production in Nigeria on a sustainable basis, the Nigerian National Petroleum Corporation (NNPC) says indigenous companies operating in the nation’s oil and gas sector must upscale their capacity...

September 23, 2020 No Responses

Commonwealth Postpones Heads of Government Meeting To 2021

The President of Rwanda,Paul Kagame and Commonwealth Secretary-General, Patricia Scotland on Wednesday announced the new date for the Commonwealth Heads of Government Meeting (CHOGM) which was to have been held in Kigali in June 2020 but was postponed bec...

September 23, 2020 No Responses

Lagos Hands Over 51 Vehicles, 8 Houses To Judges

For the second time in one year, the Lagos State Government on Wednesday handed over 51 Sport Utility Vehicles (SUVs) and eight houses to judges of the State High Court. The State Government had in October last year, gave...

September 15, 2020 No Responses

WFE Issues Guidance On Fair, Orderly Markets As New Wave Looms

The World Federation of Exchanges (WFE) has issued a Guidance Note, aimed at policy questions arising from any resurgence of market volatility. In particular, the WFE’s Guidance focuses on how exchanges create fair and orderly markets; and why, when...

September 15, 2020 No Responses

Arik Air Resumes Operation, Apologises To Customers

The management of Arik Air has announced the resumption of normal flight operations after Monday’s disruption by some workers unions. In a statement, the Communications Manager of Arik Air, Mr Adebanji Ola, explained that all Arik Air’s early morning...

September 15, 2020 No Responses

Union Bank Staff In Court Over Alleged Theft Of N25m From Customers Accounts

A 32-year-old banker with Union Bank Plc, Benjamin Musa, on Tuesday appeared in a Wuse Zone 6 Chief Magistrates’ Court, Abuja, over alleged theft of N25 million. Musa, whose residential address was not given, is charged with three counts...

September 15, 2020 No Responses

Housewife Seeks Divorce Over Husband’s Gambling Addiction

A trader, Fisayo Akibu, on Tuesday approached a Customary Court sitting in Mapo, Ibadan, seeking dissolution of her 19-year-old marriage to husband, Abiodun over his addiction to gambling Testifying, the mother of four, said:”my husband puts all his ea...

September 15, 2020 No Responses

OPay Partners WorldRemit On International Money Transfer

Opay, A Nigerian financial service technology company, has partnered WorldRemit, a global digital payment platform, on direct transfer of money into its mobile wallets in the country. In a statement on Tuesday, Opay’s Director of Remittance Service, Mr...

September 15, 2020 No Responses

438 Coronavirus Active Cases In Lagos Yet To Turn Up For Treatment

The Lagos State Commissioner for Health, Prof. Akin Abayomi, has disclosed that 438 active cases of COVID-19 in Lagos communities were yet to turn up for treatment in the state’s COVID-19 care centres. Abayomi made the disclosure through his...

September 10, 2020 No Responses

Continental Reinsurance Acquires Botswana Subsidiary

Continental Reinsurance Plc on Thursday announced a change in the ownership structure of Continental Reinsurance Ltd Botswana. After its recent acquisition of a minority 40% stake in the company, through its holding company, CRAFIL, from Botswana Insu...